Look! A Florida State Employee Arrested For Mining Crypto At Work

Let’s be real for a minute; we have all spent countless time behind the computer screen at work, looking things we should not be looking up. Admit it, we have all done it. It is a great time to check social media, the news and much more, however, for one Florida State Employee, their time spent on the interwebs at work cost them their job. Today the word comes down that A Florida State Employee Arrested For Mining Crypto At Work. According to the Tampa Bay Times, FDLE has jailed Matthew McDermott, IT manager for the state government agency that oversees Florida’s citrus industry.

The FDLE alleges that jailed Matthew McDermott, IT manager for the state government agency that oversees Florida’s citrus industry. An investigation indicated that the utility bill of the department had surged by over 40 percent from October 2017 to January 2018. As we have learned over the years, cryptocurrency mining requires some serious amounts of electricity due to its high processing demands. The FDLE also said that McDermott had also purchased 24 graphic processing units on the office’s account at a cost of around $22,000. The GPU’s are used for cryptocurrency mining given their ability to crunch numbers much faster.

This marks the latest .S. of official employees being prosecuted for using public resources to mine cryptocurrencies. Speak your thoughts on the news below and keep it locked for much more on this coming soon.